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Ben Walther
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That looks tough! Bearish trading signals all over the place on the 1H chart. Hope it don't get bloody.
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Ben Walther
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$PEPE Update — Waiting Zone ䷄ PEPE got rejected (once again) at the upper channel. Therefore, nothing changed. We are still in the waiting zone. Hold you hands still :) Approach: ➡️ Wait for PEPE to break through resistance or support. ➡️ Wait for confirmation on the 1H or 4H or... ➡️ ...wait for a solid trade signal to back the breakthrough #PepeTrading
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Was I wrong with my bearish prediction this morning? Tons of bullish signals are popping up on the hourly chart. Here's a short video explaining why I won't enter new trades rn though.
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Bearish Momentum Accelerates 📉 When looking at the trade signals of more than 200 coins, we observe a considerable #bearish development. ➡️ On the daily chart, we have twice as many bearish (12) than #bullish signals (6). Some of the most prominent tokens with bearish signals are $ALGO , $NEAR or $FLOKI ➡️ Even worse: Looking at the 1H chart, the bearish trend seems to have gained even more momentum. In the last 6 hours, we had almost 530 bearish trade signals, compared to ~60 bullish. What does it mean? Based on the signals, there is a considerable probability of a further price decline today. I will post some trade setups later today.
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$DOT — 93% Win Rate Signal on the 1H Chart 🚀🚀 #Polkadot just flashed a super interesting signal on the hourly chart. Based on backtests, the signal has a win rate of almost 93% and is based on 14 historical appearances. Although the automatically calculated profit potential is "only" 1.5%, I would go for a much higher approach 👇 When looking at the chart, I assume a profit potential of 10%. However, due to current market a first TP slightly below $7.1 seems reasonable. Although there's a stronger support line around $6.5, I would go for a tighter stop loss of 2%. Overall, the R/R ratio is almost 5.
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That was too quick 😂 Hit my target perfectly. However, I wasn’t in because i was waiting for a confirmation first. Didn’t expect that rapid move. Hope you guys made some money.
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